Veteran’s Day

Veteran’s Day

Veteran’s Day

I grew up in Williams Bay.  I remember my older brother wore black in 1992 when Bill Clinton was elected. No one cared that he did that, because he wore black and he went to school and then he went home and he mowed a few lawns. That was his protest. In 2010 when Scott Walker was elected Governor of Wisconsin, I drove to a small bar on the North Shore of Delavan Lake and ate some cheese curds with a friend. This was our celebration. The next day, I woke up and went to work.

This week, a new president.  A peaceful transition of power now underway, in spite of the protests of those whose protest is akin to marching with angry shouts towards the sky, decrying the clouds.  I am optimistic for our country, just as I was optimistic after every presidential election of my adult life. Maybe things will change, maybe they’ll stay the same, maybe the government will spend a little less time in my business and more time letting me go about it. Maybe things will be the better or stay the same, maybe the kids who protest will do as I’ve always done.  Wake up, brush my teeth, shower, and put my head down in hopes of accomplishing something.

Will this election somehow skew our real estate market? Will it turn a good thing bad?  There’s no way to know that, but I cannot see how a free-market thinking president will spoil a solid run in the luxury real estate market. Will there be pause in our markets one of these days? Sure. Would that pause occur no matter who was elected last Tuesday? Of course. For now, I look for a stable stock market, and excepting the after-hours trading Tuesday night,  we’ve had just that. I look for fiscal policy that attempts to reign in spending, and we theoretically have that in aim.  Will some Lake Geneva revelers be sad over this election? Yes. Will some be happy? Yes. Will the water still be clear and the sky blue and the market prized for its remarkable strength? Duh.

This week, two closings. One at Stone Manor. The ground floor unit at Stone Manor, the unit that I first listed two years ago, has closed. The price for all those square feet in that building that Otto Young built? $5.995MM.  I assume that sale is now the most expensive condominium to ever sell in the state of Wisconsin. But that’s an assumption because I don’t particularly care if it is, or it isn’t. It’s a terrific sale for the lake and a terrific sale for the owner of that iconic unit. I was pleased to represent that family in the process.

Another closing, that of my large off-water listing in Loramoor. $1.625MM was the print for that large parcel with boatslip, swimming pool, auxiliary garage, and loads of square footage. That was a rare offering in this market, the unique off-water home that plays like a small estate but still offers the owner lake access and a slip on Geneva. It’s a nice sale, and I was happy to be involved.  As a staggering aside, those sales have pushed my 2016 sales volume to nearly $49MM, a total that represents an all-time annual high for Walworth County. The next closest “competitor” has tallied just over half of that total. It’s humbling and unexpected, and I’m not dumb enough to think I’d be in this strata if not for my clients and customers who trust me with their Lake Geneva moves.  I enjoyed playing the underdog so much I’m not certain how to react to the blessings of this year, but I think I’ll just keep my head down and work.

Finally, Veteran’s Day.  A sincere thank you to every veteran who has ever served. It’s a sacrifice that I didn’t make, and a sacrifice that very few I know have made.  The only sacrifice I made this week was in ordering a John Deere Gator and NOT opting for the front storage rack.  I’m thankful for those who have bled and died so that I can worry about selling condos at Stone Manor, and worry about boatslips and association rules and limited inventory. What a pitiful list of things to worry about. Thank you to our veterans who gave their time and their lives so that college kids can weep in the street and so this kid can pursue his dreams in Williams Bay, Wisconsin.

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